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To get a loan from us, there are some basic eligibility requirements. You must:

  • Be applying as an individual (no joint applications, or applicationsĀ in your company or business name)
  • Be a citizen or permanent resident of Australia and currently residing in Australia
  • Be earning an income of at least $20,000 per year (you cannot be earning the majority of your income from Government benefits)
  • Be considered by us as having an acceptable credit record
  • Be at least 18 years of age
  • Not have any outstanding defaults
  • Not have any court judgements, writs, or bankruptcies
  • Not currently in collections for any existing debts

If you are self-employed, you must also:

  • Have been trading for at least 2 years
  • Provide the previous financial year's tax return, that shows income has been paid to you from your business, and the notice of assessment
  • Be borrowing for predominantly personal or personal investment purposes